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On July 26, 2012, BlackRock Inc., Fidelity Investments and Vanguard Group Inc., firms that collectively manage more than $7 trillion, are gauging how their clients have been hurt by Libor manipulation and whether to take legal action as at least a dozen banks are being investigated for rate-rigging.
July 26 -
Mass affluent clients represent the sweet spot for every wealth management firm's business. So what's on their minds right now?
July 26 -
Elisabeth Baldwin joins Raymond James Morgan Keegans Gainesville, Ga., office after managing over $100 million at BB&T.
July 26 -
Schwab Advisor Services says fewer RIA mergers and acquisitions took place in the first half of 2012 compared to the same period last year, but the average assets under management acquired in those transactions jumped dramatically.
July 26 -
As sharp lines have emerged within a prominent House committee over how to step up examinations of investment advisers, the panel's chairman has signaled that no legislation will advance without broad, bipartisan consensus.
July 26 -
Steve Wershing, "The Referral Doctor," says if advisors want to get referrals, its more important to have people remember what kind of service and performance you delivered than to simply have a collection of fans.
July 26
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Women age 65 and older live in poverty at higher rates than men even as more of them participate in employer-sponsored retirement plans, according to a U.S. Government Accountability Office study.
July 26 -
Morgan Stanley, trading at less than half of its liquidation value, could be worth as much as $32 a share in a breakup, said Michael Mayo, an analyst at CLSA Ltd.
July 26 -
Just 1% of the plan participants surveyed stopped contributing to their DC plan accounts, unchanged from the year-ago quarter.
July 26 -
The trio brings the total staff to 19, up from 12 a year ago when the firm purchased the asset management business of Chicago-based Talon Asset Management.
July 26



